4942x Apr 2026

It imposes an excise tax on foundations that fail to distribute a minimum amount of income for charitable purposes.

This is defined as the foundation's "minimum investment return" minus certain taxes. 3. Commercial and Technical Uses FEBRUARY 94 MAY94 RUC RECOMMENDATIONS It imposes an excise tax on foundations that

In tax law, (frequently referred to as 4942x in summary lists) relates to private foundations . It imposes an excise tax on foundations that

Foundations are subject to a 30 percent excise tax on "undistributed income" that isn't paid out by the first day of the second year following the taxable year. It imposes an excise tax on foundations that